The WAY to WOW Shows
Money in Motion - Episode 4
July 8, 2026
Automatically generated from YouTube captions; names and wording may contain errors.

[0:01] [music]

[0:02] >> Who are you? And where are you going? What do you want?

[0:18] >> Hello and welcome to people making money. I'm your host Kevin Bemmel and this is the fourth episode No, fifth episode, right? Fifth episode.

[0:28] >> No, you're right. It was the fourth.

[0:30] >> Okay.

[0:31] >> What you got?

[0:32] >> [laughter]

[0:33] >> of our Money in Motion mini series with my colleagues John Clark Jr. aka JC and John Rabino. I I I have to distinguish the Johns somehow, so that's that's how we decided [laughter] to do it.

[0:47] >> Yes, yes, sir.

[0:49] >> This mini series, for those of you who haven't seen the the previous episodes, this this series is based on first of all the three pillars of attainment that is the basis for all the Way to Wow shows. We're dealing in the Pursuits pillar and the Finances realm, but it's also deals with the wealth pyramid that is central to the work John does when he works with his clients who are advancing their investment goals and and working on building wealth. And and we're

[1:24] if you're not familiar with those concepts, I invite you to go to my YouTube channel the Way to Wow shows on YouTube or you can go to Spotify or Apple Podcast and look at those those previous episodes that introduce these concepts so you can you can get that that information as background because today we're going to be dealing in the upper part of the pyramid and in in particular we're going to be talking about investments and where investment dollars are going these days.

[1:59] So, I was um uh uh talking with a a guest for one of my other shows uh earlier today, and he sells property in a small town named San Miguel de Allende in Mexico.

[2:16] >> Yeah.

[2:17] >> And properties there, hold on to your hats, gentlemen, are appreciating 20 to 30% per year, right? And part of it is because there's a lot of expats moving into that area post-COVID, and there's a limited supply of homes, and it's driving up prices extremely fast, right? And so, although you're not going to get a great cash-on-cash return on these homes if you're buying them for an investment, um you are going to get a pretty pretty solid IRR once you take the the appreciation potential into

[2:53] account. And so, uh this this fellow uh uh Greg Gunther is seeing a lot of investment dollars coming down there, interestingly enough, um people who are buying homes now with the intention of maybe retiring down there uh in you know, in another uh you know, 10 to 15 years. So, that's a lead-in to I don't think we would have seen that phenomenon uh well, I know we weren't seeing that phenomenon there 10 or 15 years ago, for sure not. This is just something for the last uh few years after the economy recovered uh

[3:28] post-COVID. So, so John, I'm going to turn it over to you to to talk about this, and um John and I are going to be either the flies in the ointment or the

[3:40] >> [laughter]

[3:42] >> or the or the the confused um as as as you, you know, work work through where where we're seeing investment dollars going these days.

[3:51] >> That sounds good. I think we we want to stay consistent with our previous episodes and maybe just give a quick, you know, 30-second elevator pitch on who we are for folks that are joining us. Yeah, so I'll kick it off. You know, John Rubino, I'm a former naval aviator. I used to fly our planes for the Navy for 20 years and now I get to get up every day and run a business, which is awesome. I've done it for 13 years and it's a real estate investment company. We partner with accredited investors, high net worth individuals, institutional groups that want to partner with us and enjoy the

[4:26] excitement of passive real estate investment. So, we'll talk a little bit more about that today and I'll kick it over to my partner John Clark on this this side.

[4:37] >> [laughter]

[4:38] >> Thank you, sir. There's a mirroring in these things that are just weird. Handsome. Which side are we on? We're on the right side. We're on the upside. So, I'm John Clark Jr. and I, like John, have the privilege to wake up each day and run multiple businesses helping people with investment opportunities, financing, construction, and title work. So, we run a private equity firm where we also work with accredited investors and small-sized institutions who invest in our businesses and we plan on also offering real estate in the future, but we offer business

[5:13] investment whereas JID Investments is offering real estate primarily. But, we work with similar clientele and in addition to that, we also I provide financing across the nation for investors on residential and small balance commercial properties.

[5:29] >> There you go.

[5:31] >> All right. So, John

[5:34] >> Yeah, definitely. So, jumping in, we we kind of spent time over the last couple of episodes talking about the wealth pyramid. You know, we're in the foundations of wealth, which is kind of the upper portion of that pyramid, the tip if you will, and we're in the investment strategies. And so, in our last two episodes, we talked a little bit about what happened uh with the economy. If If you haven't been uh on the earth over the last 6 years, we had a global pandemic back in 2020 and 21, and it kind of made things very challenging. So, we talked about that and and the aftermath. And then, we kind of took a step back and saw what changed

[6:11] in the environment, the economy, uh what markets reacted to, and then kind of how they stabilized. And now, we're kind of looking at, "Hey, where's the smart money going?" Right? We've got folks that are always ahead of the curve. They seem to have the the shiny and clearest of the crystal balls, and they kind of know where to go once the stuff happens. So, one of the things or some of the things we look at or looking at is, "Hey, what traditional investments are still out there that seem to be working for people?" Uh if you're financial advisor or registered investment advisor, you know this better than we

[6:46] do. Uh where where the IRAs are putting their money, what kind of uh small, mid-cap, large-cap funds, right? Annuities, uh all that fun stuff that the professionals are good at. They've had to change their mindset. The foundations are still there, the programs are still there, but they've had to change that a bit to see what sectors make more sense. And then, on the other side of the strategy, when you look at alternative investments, that's when you get into the world that we kind of look at. And so, for me, personally, and what I do with my business, I'm pretty heavy in real estate. So, passive real estate is um been something that

[7:24] folks have been getting into, let's say, over the last 10, 15, 20 years, uh more concentrated. And so, our mindset has changed quite a bit. We talked about this a little bit about how the capital has kind of changed, right? What you could borrow versus what needs to come in as far as equity. And so, um you have to look at deals a little bit differently. There's going to be different asset classes that are a little more prevalent and more popular and that uh you could take advantage of. So, some of those include things like industrial, multi-family is

[7:59] still a hot asset class pending your location. Um industrial is big. So, those are some of those asset classes that, you know, you want to consider. And you want to do your research. Just like we talked about in the beginning of this is the education and the awareness is so important. So, what are those markets? What is the supply and demand? Kevin talked about his colleague looking at property in Mexico, and that area is blowing up. When Kevin was talking about that, I thought a little bit about Boise, Idaho during COVID and how that that market just exploded. I mean, appreciation 60, 70, 80%, but then all of a sudden it came down and stabilized,

[8:36] right? So, some of the things that and I'll let my colleagues here, for only the fly in the ointment, me being the fly, of course. Um how has the mindset changed with the smart money? Where the smart money now is playing the long game. They're looking at things that are more stable, right? More risk averse. Uh cash flow opportunities. And so, John, I mean, I'd love to get your take, but I that's what I'm seeing now is a lot of investors I've talked to who are in their 30s, 40s, 50s, 60s and and above, the shift has really kind of been from, "Hey, I'm

[9:12] not so excited maybe about the IRR right away. I want to look at the risk. I want to see how my money's protected and how you're going to protect me and my capital."

[9:21] >> So, yeah, I also I I agree with you. I think that there is stability is one big factor. There seems to be two veins, though. I see people going after stability and and one of the areas I see that in is in infrastructure. You know, some of the largest private equity firms in America, which hence is in the world, uh their their one of their total focuses is infrastructure, uh which some of which some of the infrastructure that's now available didn't used to be available. Uh i.e. you know, Blackstone looking at uh owning all the infrastructure

[9:56] of a little country that we've gotten to call Ukraine uh as it got bombed and destroyed. They're buying roadways and owning all of the infrastructure that they can for, you know, pennies on the dollar and then playing that long game of massive appreciation uh over time, not looking at cash flow today, but making the investment in owning what people need. So, that's a stable play on both sides. Stable for them as far as what it is and where it is and what and what it accomplishes and then the need. Stability of need that's

[10:31] always going to be there regardless of the winds of change. And so, uh that's one area I see infrastructure that's about a stability thing. Also, another factor, we saw this except for in the early year and a half the first year and a half of COVID where it was blockaded, but then we saw a burst in people doing it, which is entertainment. It seems that no matter what your economic level is, hospitality and entertainment are still strong and will be going forward. So, I see a lot of investment in that arena like San Miguel Allende. Uh the another thing that's supporting that particular market that he brought up is

[11:07] a lot of hospitality moving there. There's a lot of resorts popping up. There's a lot of Airbnb uh short-term rental type of properties. Uh I'm in several clubs and I'm belong to them and there's been tons of focus these last three to four years to go there, see the lake, be on the mountain, this type of thing. So, uh there's a lot of investment in that arena across the board, not just in home ownership, but also in resort and hotel building in that arena. So, and then you look at uh Chile is building this huge uh massive stadium. Morocco's building one for the soccer tournament in in 2030, spending a

[11:42] billion and a half dollars on just one stadium and they're building 10 total. Uh you know, there's a lot of entertainment out there that's being built, a lot of hospitality, and then the regular infrastructure. All of that's kind of related. Then I see one more category which really might not be It may not have uh past tense stability to look at, no no historic record because as before we got on this call, we were talking about the impact of AI and and and now layers of AI as they release them. Agentic AI is something that we participate in, which is the

[12:18] level two, if you will. Uh and and there's more coming after that. And so, as that keeps rolling out, a lot of folks are chasing either participating in that wave or I believe the smart money is looking at where is the impact. So, I may not be I may not want to participate in a data center or I may want not I may not be sure about investing directly in the technology itself or I may have concerns about what it's absorbing out of the earth to make that happen uh or impacts. So, maybe I don't like some of those things, but I

[12:53] also do I'm smart and I look ahead and say, "What effect is it going to have?" And I want to be right there catching the wind from where it's pushing. Where is it making an impact in a way that's going to drive new opportunity? Now, that doesn't have stability related to it. That's opportunistic in that sense.

[13:12] >> Yeah. No, and and those are all great points. Go ahead, Cap.

[13:16] >> Yeah, so I'm seeing both things that are different and things that are similar. So, among my clients, I'm not necessarily seeing risk aversion nor a a flight to stability, per se. So, I think what I'm seeing is my clients want to make sure that whatever return they're getting is commensurate with the risk that they're taking. And whatever, uh, term the investment is, that it's

[13:51] commensurate with the turbulence or lack thereof of or lack of turbulence in whatever the market is that that for that particular type of investment.

[14:05] >> And are they choosing one or the other, or are you talking about diversifying and having some that are less turbulent and safe, and maybe they're okay with a 5 or 6% return and others

[14:16] >> Not necessarily. Again, they're just making sure it's not necessarily a diversification play. It's making sure that, uh, for example, if they're taking on something that is is, you know, let's say the mean risk is here. So, if they're taking on something with a risk factor up here, they're they want to make sure that they're being properly compensated for it. So,

[14:40] >> [clears throat]

[14:41] >> you know, instead of instead of only needing maybe 100 or 200 basis point margin over the mean, they may be looking at more like 3, 4, 500 basis points. Um, in terms of duration, whereas they might have done 5 years, uh, you know, pre-COVID, now they're maybe maybe they're only going to do it for 2 years. So, so they're adjusting how how they're how they are how we're we're we're adjusting how we're structuring investments to account for, uh,

[15:18] what is a normal level of interest rates, but one that's higher than where interest rates have been for the last, whatever it's been, 10, 15, 20 years. We're We're making adjustments for the greater volatility and uncertainty in the marketplace, whether it's economic uncertainty, geopolitical uncertainty, et cetera.

[15:37] >> Or maybe they're also compensating for the same factor that was behind maybe what John and I were talking about, which is the impact of COVID and their experience of having a higher expectation, thinking it was a lower risk, experiencing a higher risk, and maybe a fall a decrease in the return they expected. So, it was out of balance. And so, going forward, you're saying, "Hey, we want a better match."

[16:00] >> Correct.

[16:00] >> If we know we're taking a long risk, then we better have, you know, not a long, but I mean a higher risk, a higher degree of risk, then we better have a higher degree of return then associated with it.

[16:10] >> And and to just complement what you guys are saying, I mean, so, couple things. One is the capital never stopped moving. It It didn't stop, right? Capital's always moving. Capital's looking for what makes the most sense. So, I think a lot of people who watch the news and hear, you know, the world is ending, blah blah blah blah blah, it's like, oh, I I can't do anything. Nothing's happening. Nobody's making any money. The rates are too high. It's not a good time. I think that a lot of that goes with surface level understanding, and you got to dig in. You got to look at those things. I I mean, I take I always take a big circle

[16:47] and I just cut it up into pies, like on a pizza a pizza pie, right? And And so, whatever happens in the environment, you may have more of an investment now, or a higher percentage in longer-term investments, and less in opportunistic investments, and maybe a little less in venture capital investments, based on where the markets are, which your risk tolerance, you know, where you are in life, right? If you're older, you're going to take less risk because you want to protect the the You want to protect the wealth. You want to protect what you've earned. If you're younger, you have a little bit more uh a

[17:22] runway, if you will, to take on a little more of that risk. So, I I think that the the circle doesn't change. The The titles of the pies don't change. It's the percentages that would change based on those things that that happen. Um you know, passive real estate

[17:41] >> to respond to something Wait, I want to respond to something before you go on. So, I think that the the the more um traditional view of as people get older, they're moving toward safer, less volatility, I'm not sure that that's true today. So, again, I think that it's really more a matching of uh risk duration to the investment, but then also for an for an older investor who is

[18:19] going to get into a higher risk investment, that investor is going to want a higher risk premium than a younger investor who, at least purportedly, would have the time to recover if that higher risk investment doesn't pay off. So, again, what what I'm seeing is a a much more in-tuned approach to not just market factors per se, but but to the the individual aspects of these as they

[18:55] relate, you know, specifically, to my finances, to, you know, my my this this client of mine's finances, this other client of mine's finances. And And for me, oftentimes, the the the challenge is to find two people who have, you know, one needs the the the the capital, the other has the capital. It the the challenge is to find a place where those two meet, right? And and and the the one seeking the capital can meet the expectations of the one who has the capital. Um

[19:29] >> I don't disagree with you, Kevin. I I I agree with you. I think that two things you have to look at that are variables. One is if you're typically if you're an older investor, let's say 50s, 60s, 70s, your economies of scale when it comes to what you have and what your assets are and what you're willing to invest are going to be much different than maybe someone who's typically starting out. So, you know, you may have as an older investor may have $10 million and the younger investor may have $100,000 to a half a million. So, I think and and I'm not saying in all

[20:05] cases that's that's the way it goes. It's just

[20:08] >> Right.

[20:08] >> typically, you know, it's greater than 50% that scenario. So, the percentage for an older investor at 3% on a venture capital and the younger investor at 30%, you got to look at the money that's going into that. And and that's a big factor because again, a lot of people don't want to get burned and now it's it's like especially folks that have a bigger pot of money and are making changes to those percentages, they're looking at the risk first and foremost. Because of what's happened, they've got burned and they've lost money and it

[20:45] hurts and they don't want to lose that level of capital. So, that's why they're a little bit more, "Hey, I'm going into this first and foremost with my money being protected. Yeah, I'm it's great you're making 50, 60, 70%, but explain to me first the thesis of how my money's protected before I start looking into more of the aggressive returns." And and I and I agree, it's complimentary. You know, you're never going to you're never going to want to invest where there's more risk and less reward. Of course not. I totally agree with you there.

[21:14] >> Well, we're we're talking somewhat of a semantic difference here because you're talking how is my investment protected and I'm talking how do I get compensated for the risk that I'm assuming. Those are actually just two sides of the same coin, really. It it's just different ways of looking at them. But I want to I want to move on to something that the GC was was saying that I I think again, it kind of aligns with what he's saying, but it a little bit different. And that is you know, as we're looking at or as at least as I look at investments

[21:50] outside the financial realm. So, setting aside, you know, stocks, bonds, etc. Um what I'm seeing in in in many cases is a convergence of uh investment classes. And I'll explain what I mean. So, uh it used to be that you would see discrete investments in IP. So, somebody might buy, you know, a music catalog and because it was a great investment, especially if you were after cash flow, right? Because you're getting royalties, etc., etc., etc. Um somebody else might

[22:25] invest in real estate because it's it's a combination cash flow appreciation play. Now and someone else might be might look at entertainment because it's although it's very high risk, it if you if you get the right investment, you know, you're you're hitting a home run return wise. I'm seeing a convergence of all three of those investment classes. So, if you look for example at what Formula 1 is doing, you know, in Florida, you know, they're building, you know, a a huge development there. It's an entertainment venue. Um Um, taking advantage of the IP of

[23:02] Formula 1, but fundamentally it's a real estate play cuz they're building hotels and retail and all of that, but it's also restaurants. You look at all the sports teams. When when when I was a kid, you know, when you heard about whatever it was, you know, the the Los Angeles Dodgers or the LA Lakers, right? To like own a sports team, wow, that was, you know, sort like these guys who own these teams, how cool is that? Now, the team is just really the IP that's driving it's driving the merch as they call it, the merchandise, bringing in the restaurants, right? It it's almost like,

[23:37] you know, how how do they spend whatever it is billions, tens, hundreds of billions of dollars to buy a team? Well, the reason is because in a way it's almost like it's a loss leader because they're building around it this whole ecosystem and of investments that it something needs to be attracting people to these investments, and so it's it's the team, and then all of this other stuff is is is built around it. That that is very different uh, than, you know, how things were certainly, you know, half a century ago. Um, and I you know, as I say this, I'm

[24:12] realizing, but before the episode we were having this conversation about there's nothing new in investors, right? [laughter] And and Jason you're the guy I'm like

[24:21] >> Where is he going?

[24:22] >> So I you know, I happen to light on you know, a couple of things that that that that did change. So, that that's just to prove that I'm not as big an old fogey as I look like wearing, you know,

[24:31] >> [laughter]

[24:32] >> So, so so but I'm I'm you know, I'm I'm interested to if if you gentlemen are are proceeding going on in a similar way or or where you think, you know, I'm I've fallen off the, you know, I'm I'm on the crazy wagon and, you know,

[24:47] >> turnip truck as they used to say. That's an old-fashioned term. Uh, so you I think what you It's like a mix, I think. What you're talking about is convergence and combining of things that have been around for a long time, but the idea that's newer is how to blend them together and that they say, "These go together."

[25:04] >> Absolutely. I mean, there's there's that is a newer trend in the last number of years here and and looks like it's got legs to go forward. It makes really common sense to invest in something that can spread and reach a wider audience. Again, that's I call that stability as well as appreciation and profitability and opportunistic. It's kind of all those things blended together. You're taking a brand that was known and been around a long time in your example, and you're putting it in a city that's been known for a long time that's all about entertainment and it's had a recent hot

[25:39] spot for last couple years thanks to Netflix. Netflix bringing F1 to America basically cuz it's mostly a European thing and now Americans are all caught up in it and Apple then said, "Wait, we're going to ride on the Netflix train and we're going to make it available on our Apple channels so you can watch the real race, not the Netflix version." And all of a sudden this thing is just gone wild and they're like, "Well, hey, we should capitalize on this. Let's put some buildings, let's put some food, let's put some clothing." They've got, you know, more and more that's coming out. Miniature cars, all this stuff. I mean, just using that one thing that you're talking about and saying, "How

[26:14] many ways can we spin this?" Almost like a DJ. Are you spinning 10 records at once? What's happening cuz you're trying to evolve this stuff, you know, and yet the basis behind all of it is the things that have been around for a while. Work hard to build a solid, solid brand. Spend mass marketing and get market dominance and get mass adoption and then better have some real estate as assets in any business. And and of course in this case, it put it in a hot market. I think Miami is a little bit of a uh volatile market. A little bit's

[26:50] understatement. It was one of the most volatile was the number one most volatile market in the '08 crash. And so, you know, for the America at least. And so, you look at it and say, "Okay, but still stability I see stability in there. You see opportunistic. You also see this new idea of realizing that business is much bigger than one thing." What does it touch? And we better be in all of those things. Right. John, what are your thoughts?

[27:13] >> Yeah, I mean, look, I I think everything you're saying, I keep seeing the word time time time, right? I mean, like the timing has to be right. Where are you at in the cycle? Um you know, everybody says we're in a we're kind of coming out from the bottom and coming up, right? I mean, maybe maybe nationally, maybe geo- maybe uh geo- geographically, worldwide, international, but like each market's in a different point. I mean, you could pull up um a uh Jones Lang LaSalle or, you know, CBRE or Cushman & Wakefield market report, and you could see that,

[27:48] you know, Washington DC's here and Atlanta's here. Because they're both at different market cycles. Yes, they they have impacts from interest rates and the and the and the macro level, but you know, Atlanta has the World Cup coming this summer. They have the movie industry.

[28:05] >> Mhm.

[28:06] >> They have

[28:06] >> Mhm.

[28:07] >> businesses moving there. So, is Atlanta going to continue to be a strong market? Yeah, unless the politicians screw it up, regardless of whatever you side you sit on. So, as long as the markets are are showing the typical demand features, population growth, job uh growth, uh good good areas, people like them, I like to go out, they like to have fun, those are the markets that are going to continue to do well, and and you have to look at the asset class, right? Like so, we live in northern Virginia. John and I both live in northern Virginia. And if you go up a further north of where we are in like Sterling and Reston and

[28:43] Loudoun County, there's nothing but data centers up there, right? So, like 5 6 7 years ago, somebody said, "Hey, this wave of technology that's changing is coming. There's all this land in this northern Virginia quadrant. This is great. Let's get in." So, how did we How do we anticipate that mindset for Memphis, Tennessee or Miami uh Florida? Cuz there's opportunity, right? The The variables don't change and

[29:12] >> So, you know

[29:13] >> identify where the growth is cuz the investments

[29:15] >> Let me just finish with this. Yep.

[29:16] >> Yep.

[29:17] >> There's always going to be something to invest in. Everybody's going to want to invest. It doesn't matter how bad things are. There's opportunity there. So, the question is where do I capture the the the best opportunity and weigh that given my risk tolerance, where I'm at in life, how much I'm willing to invest.

[29:38] >> So, I want to raise a an issue that hasn't come up yet before we went run out of time. And that is I think there's I I certainly hear a lot about uh uh you know, be because of of the tariffs policy under the current administration that there's going to there's going to be a sort of a not a disintermediation, but there's going to be you know, less international trade maybe or or you know, somehow you know, countries are going to start looking looking more inwardly. Uh so, you hear that on the

[30:13] one hand. And yet on the other hand, so I was listening to a news report, I believe it was yesterday, and somebody was complaining and and you you gentlemen probably know more about this than I do cuz I I don't follow the NFL, but I guess the NFL is is increasing the number of internationally televised games this year by I guess quite a bit, maybe twice as many games, right? So, on the one hand, we're hearing countries are going to become more insular. On the other hand, the NFL, one of the premier brands literally in the world, is is

[30:49] looking more outwardly. At the same time, you know, baseball right here in California, here in Los Angeles, I mean, you know, we have Oh, shoot, I'm I'm going the job player that the phenom. Ohtani, right? I mean, he is internationally internationalizing baseball. Uh probably that it to the greatest degree since Fernando Valenzuela was playing back when, you know, I was, I think, a teenager or maybe, you know, much younger man, anyway. So, I'm

[31:26] you know, and I talk to, again, my clients and and and the people I interact with and a lot of them are actually more focused on international investing these days, it seems, than domestic investing. So, I'm I I I'd like to hear from you, gentlemen, how are you seeing that aspect of of investing in the in the current, you

[31:49] >> I'm going to jump in for a second on that.

[31:53] >> [laughter]

[31:54] >> Well, I guess here's here's a thought about the that situation. I think what it is is at least for Americans, if we're looking America out, cuz I don't live in another country, I visit them. I would say where a lot of us are tired of the government's fighting and playing ball and and yelling and screaming at each other, acting like a bunch of teenage kids, regardless of your political affiliation. I think we're we're just worn with this idea, cuz with the first thing you brought up, I think, is more of a politic idea, as a far as

[32:29] everybody's kind of pissed at each other and fighting and we're going to pull back, we're going to block you, we're going to charge you, all this kind of stuff. From And so, what ends up happening is all of us who say, "You know what? I don't like what's going on there, whatever it is, whatever the party is, doesn't matter. I don't like that little mess. I don't like that talk, and that makes me concerned about where I am." So I had I had conversations even earlier today and yesterday with some of the folks who last night of one of our investors said, "Hey, I'm also going to be investing overseas." I kind of was shocked by him just because of his personality and his background. I'm like, "Well, I wouldn't expect that from you." And so it doesn't

[33:06] seem to matter age, affiliation, party line, time in the country. Doesn't really seem to matter. I think there's a disturbance, and then there's an awakening and awareness as we become You You talked about one of the brands, you know, F1 drawing us across the seas and then coming over here and blending the two together. And NFL has been doubled last year. If they're going to double again this year, my gosh, that's half the games that they're going to play overseas. And And so the idea they keep They keep spreading, and then other countries are coming over here. I know from America's standpoint, most of the people I talk to are looking at doing

[33:43] things in US and things overseas, but there are some parts of the world that scare them. And so then, no different than any other investment. Uh and so uh they you know, they're careful about it. But they're And And some have not acted on it. They're in prep mode. They're in research mode. They're in, you know, consideration mode and thinking maybe they will. There's a much more open-mindedness to saying maybe America isn't the only thing for everybody who lives here. There's got to be something else. Right. I do see that.

[34:14] >> Yeah. These are great points. I mean, to me you you know, you can import and export entertainment pretty easily. You know, and so that's going to continue to be very popular. Um you Kevin, you alluded to this a little little bit while ago. You can invest in athletic teams now. You could be an investor in ownership of the Milwaukee Brewers or, you know, these teams. So, American football is on fire right now all over the world. I mean, I wouldn't be surprised that in a few years you see a couple games in Japan and then China. I mean, I'm serious. I think that

[34:49] because there's an excitement there and and that brings people together and that means money. And so, these teams are going to continue to grow and grow and grow and you're going to have international investments. So, the NFL is not stupid. They they see a huge buyer. They see a huge demand of international investment. So, they're going to go out there and they're doing it great. like John said, they they don't really have much controls on them to not be able to do that as long as they meet the parameters. But I go back to the fact that, you know, there are some amazing opportunities to for investment right now. AI is a huge

[35:24] investment. I mean, if folks don't understand that, it's just a fact of life that AI is now an intricate part of our our society. So, how do you capitalize on that? How do you take entertainment and turn entertainment into real estate, all right? Where are you going to bring the next team? Where are you going to bring the next data center? That's all real estate. That's physical locations of property that's needed. So, it all ties back in. So, entertainment, AI, you know, still with the with the the fundamentals of real estate, they're still great opportunity and that's where

[36:00] the money's going. It's it's going maybe in different piles and and amounts, but it's still going to a lot of the things we were doing and new things that are coming up that are not maybe necessarily new, but they're they're enhanced or they're they're different. So, let me throw out a couple keys that have come out from our conversation.

[36:22] >> to I'm going to give each of you a chance to like a couple of last thoughts to wrap this episode up. Let's wrap up JC.

[36:30] >> Yeah, all right. So, I think we can bring a lot of this together with a couple keywords that came out in our conversation that maybe didn't lead with those as the primary thought. And that would be, I think the net effect of a lot of Kevin's comments is there's a broadening of perspective and a narrowing in the risk tolerance and matching that to a not just risk tolerance, a narrowing in the fact that there needs to be a match between the risk and the reward. And we're focused on that, but we're also aware. I think the smart money move that we're trying to get across today is there's a

[37:05] broadening of perspective, whether that be across the country, across the state, across the seas, as well as there needs to be a broadening of and there already has been, you gave another example Kevin of of a broadening of thought that says, I I don't have to invest in one thing. I'd rather invest in an ecosystem. being the one thing which has many layers, many legs, but then I can look at what John's saying. The base of all those are some core factors that have been around, we'll use Kevin's perspective of, "Hey, nothing new under the sun for the most part." And say,

[37:41] "Well, we the reality is that real estate, land, or buildings and improvements are usually a core base for any solid investment. It should be a piece of the plan." And then I've seen the last word that comes out besides broadening and an open-mindedness toward new things and then gauging and properly measuring and agreeing from investor to sponsor, agreeing on a healthy balance between risk and reward is layering. There's a lot of layers inside things

[38:16] and if you're looking at an ecosystem mentality, then and you feel safer with that, you feel a balance, there's stability, there's hard assets, soft assets, there's IP, there's opportunistic, there's also historical, and there's kind of in the mid-range all involved in one large investment. We're trying to do that as a company that what we offer, we have an ecosystem in our company that we offer, and it centers on real estate as well. But, all of these things that we're talking about really is an ecosystem broadened thought realization with core long-standing

[38:52] stable things inside, which gives you really a great balance for opportunity, appreciation, cash flow, stability, and and really a mild more mild moderate risk and a balance. So, those are my thoughts about what a smart money might do.

[39:10] >> John, take us home.

[39:11] >> Yeah, I mean, I'll I'll just finish up with the fact that we've covered some a lot of different things. Um, I think at the end of the day, you have to look at three things as an investor. One is, um, do my assets produce enough income for me when I'm done working? And if the answer to that is yes, then you could be 30 or you could be 90, you don't have to go and do what you don't want to do anymore, you can do what you'd like and have fun and do things on the side that are making you enjoyable. We talked about how to go from income to wealth to legacy. you get to the point where you've hit financial freedom, the assets are producing enough income for you to live off of those, right? Um, I think

[39:48] the game changer is going to be for 2027, um, how do I take advantage of tax incentivized investments? We haven't talked much about this, but if you take, um, your your favorite AI tool and ask it to do a deep dive on the big beautiful bell, it will blow your mind. We'll talk a little bit more about this in the future episodes, but there going to be some amazing tax incentivized programs that are coming in 2027, continuations of programs that are already sunsetting at the end of this year that folks can take huge advantages of. So, I'm excited about that. I'm

[40:23] excited about entertainment investments. I'm excited about distressed assets, data centers, um and real estate because real estate is going to continue to grow. It just looks different. So, with that, I think that's all I got.

[40:36] >> go. So, this this So, this this has been our show again on on where where money is heading, uh where the smart money is heading. Of course, any of the money that we're dealing with is smart money because

[40:49] >> [laughter]

[40:50] >> My people make smart money. Like that.

[40:54] >> [laughter]

[40:55] >> So, I want to thank you all very much for joining us. And so, um just real quickly, these this is a uh uh it's actually an eight-part mini-series. Uh we had an introductory episode, and then this is uh episode uh four, I think we said it was. Uh so, um I I I invite you to, if you haven't uh seen the previous episodes, take a look at those, and to join us. Future episodes drop on Wednesdays at 10:00 a.m. uh Pacific time, 1:00 p.m. Eastern

[41:30] time, where where John and John are. And come back and see the rest of Money in Motion. Gentlemen, thank you so much for joining me today. And there you go. That's right. Wait. Give Give him a salute. And And JC's not allowed to do that cuz he was never in the military.

[41:47] >> Uh I still love you, Johnny.

[41:49] >> [laughter]

[41:52] >> IT'S ILLEGAL.

[41:55] >> [laughter]

[41:55] >> STOLEN VALOR.

[41:57] >> WE'LL TEACH HIM.

[41:58] >> I'm just kidding. Just kidding. Uh and that just leaves me to thank you for watching. Thank you for listening if you're listening to this. And signing off as I always do, Marie darling, you are my bell. Courage at all times, my friends.